Power Digital Infrastructure Acquisition II Corp
For the period ended Dec 31, 2023. Filed Mar 11, 2024.
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FY2023 · Filed Mar 11, 2024
AIRJ$2.58+8.2%Stored close · as of Nov 9, 2026
Extracted filing text, with the paragraph anchors used by the comparison.
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Consolidated Statements of Operations
| For the Year Ended December 31, | ||
|---|---|---|
| 2023 | 2022 | |
| General and administrative expenses | $5,889,740 | $887,745 |
| General and administrative expenses - related party | 240,000 | 240,000 |
| Franchise tax expenses | 200,000 | 215,408 |
| Loss from operations | (6,329,740) | (1,343,153) |
| Other income: | ||
| Other income attributable to derecognition of deferred underwriting fee allocated to offering costs | 205,275 | — |
| Income from investments held in Trust Account | 9,126,178 | 4,187,504 |
| Total other income | 9,331,453 | 4,187,504 |
| Income before provision for income taxes | 3,001,713 | 2,844,351 |
| Provision for income taxes | (1,758,720) | (802,367) |
| Net income | $1,242,993 | $2,041,984 |
| Weighted average shares outstanding of Class A common stock, basic and diluted | 18,709,868 | 28,750,000 |
| Basic and diluted net income per share, Class A common stock | $0.05 | $0.06 |
| Weighted average shares outstanding of Class B common stock, basic and diluted | 7,187,500 | 7,187,500 |
| Basic and diluted net income per share, Class B common stock | $0.05 | $0.06 |
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